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2018 Indiana Code
TITLE 20. Education
ARTICLE 42. FIDUCIARY FUNDS AND ACCOUNTS
CHAPTER 1. Administration of Common School Fund by County
20-42-1-7. County liability for fund
Universal Citation: IN Code § 20-42-1-7 (2018)
IC 20-42-1-7 County liability for fund
Sec. 7. A county shall be held liable for the:
(1) preservation of the part of the fund as is entrusted or has been entrusted to the county; and
(2) payment of the annual interest on the fund at the rate established by law.
[Pre-2006 Recodification Citation: 21-1-1-2 part.]
As added by P.L.2-2006, SEC.165.
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